Telephone and Data Systems
244 hedge funds and large institutions have $2.4B invested in Telephone and Data Systems in 2017 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 86 increasing their positions, 91 reducing their positions, and 38 closing their positions.
43% more call options, than puts
Call options by funds: $1.85M | Put options by funds: $1.3M
1.1% more ownership
Funds ownership: 86.71% → 87.81% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 91
8% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 38
4% less funds holding
Funds holding: 254 → 244 (-10)
7% less capital invested
Capital invested by funds: $2.58B → $2.4B (-$181M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$469M |
| 2 |
TA
Teachers Advisors
New York
|
+$15.4M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$13.9M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$11.4M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$12.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$9.85M |
| 3 |
MAM
Majedie Asset Management
London,
United Kingdom
|
-$9.82M |
| 4 |
NCM
Numina Capital Management
New York
|
-$7.64M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$7.51M |
TDS Hedge Fund Activity: Q1 2017 in Review
244 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Telephone and Data Systems (TDS) for Q1 2017, worth a combined $2.4B — down 7% from $2.58B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of TDS and 35 opened new positions — a net loss of 3 holders — while 91 trimmed existing stakes and 86 added.
The largest buyer was BlackRock, adding an estimated $469M. The largest seller was Brandywine Global Investment Management, exiting entirely with an estimated $12.1M sold.
- 244 institutional investors held Telephone and Data Systems (TDS) as of Q1 2017, down from 254 in Q4 2016.
- Funds reported $2.4B of Telephone and Data Systems stock for Q1 2017, down 7% quarter-over-quarter.
- 35 funds opened new Telephone and Data Systems positions in Q1 2017 and 38 closed out, a net change of -3 holders.
- The largest Telephone and Data Systems buyer in Q1 2017 was BlackRock, an estimated $469M added.
- The largest Telephone and Data Systems seller in Q1 2017 was Brandywine Global Investment Management, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2017.